Precipio (PRPO) director paid in stock grant for Q1 board service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohen David Seth reported acquisition or exercise transactions in this Form 4 filing.
Precipio, Inc. director David Seth Cohen received a grant of 445 shares of common stock on April 15, 2026. The shares were issued at $29.49 per share as compensation in lieu of a cash payment for his Board of Directors service for Q1-26. Following this grant, his direct holdings increased to 54,679 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cohen David Seth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 445 | $29.49 | $13K |
Holdings After Transaction:
Common Stock — 54,679 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Stock grant size: 445 shares
Grant valuation price: $29.49 per share
Total holdings after grant: 54,679 shares
+2 more
5 metrics
Stock grant size
445 shares
Common stock granted on April 15, 2026
Grant valuation price
$29.49 per share
Reporting value for Q1-26 board compensation grant
Total holdings after grant
54,679 shares
Director’s direct common stock holdings following transaction
Compensation period
Q1-26
Board of Directors service compensated in stock instead of cash
Transaction code
A
Grant, award, or other acquisition of non-derivative common stock
Key Terms
Grant, award, or other acquisition, consideration in lieu of cash payment, Board of Directors, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
consideration in lieu of cash payment financial
"shares of common stock were granted ... as a consideration in lieu of cash payment"
Board of Directors financial
"compensation for service as a member of the Board of Directors for Q1-26"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Precipio (PRPO) disclose for David Seth Cohen?
Precipio reported that director David Seth Cohen received 445 shares of common stock as a grant on April 15, 2026. The award was issued as compensation for his Q1-26 Board service instead of a cash payment, increasing his direct holdings to 54,679 shares.
Was the Precipio (PRPO) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a stock grant, not an open-market purchase. Code “A” indicates an award or other acquisition, and the footnote explains 445 shares were granted as consideration in lieu of cash compensation for Q1-26 Board of Directors service.
What period of service did the Precipio (PRPO) stock grant compensate David Seth Cohen for?
The 445-share grant compensated David Seth Cohen for his service as a member of the Board of Directors for Q1-26. According to the footnote, the shares were granted at the close of business on April 15, 2026 in lieu of a cash payment.